In a major step forward for Australia’s clean energy transition, the country’s biggest coal-fired power station Eraring is set to close seven years early in 2025, Origin Energy announced this morning. Eraring has been operating for 35 years in the central coast of New South Wales. Last year, it alone was responsible for around 2% of Australia’s greenhouse gas emissions, based on calculations from electricity market and emissions data. The fundamental reason for its early closure is the brutal impact the growth of renewable energy is having on the profitability of coal plants. Origin has announced it will be building a large, 700 megawatt battery on-site in its place to store renewable energy.